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Tag Archives: FG

Federal Government inaugurates Family Homes Housing Project

Federal Government inaugurates Family Homes Housing Project

The Economic Management Team of the Federal Government has set up a Family Home Fund’s Task Force to facilitate the implementation and delivery of the Family Homes Housing Project nationwide. The Chairman and Minister of State II for Power, Works and Housing, Suleiman Hassan made this known on Wednesday in Abuja, at the inaugural meeting of the Land and Infrastructure ...

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NGO- Federal government should divert idle funds into housing sector

NGO- Federal government should divert idle funds into housing sector

Shelter Rights Initiatives, a Non-Governmental Organisation (NGO), has appealed to the Federal Government to replicate its laudable agricultural sector programmes in the housing sector to solve housing deficit. The President of the NGO, Mr Festus Adebayo made the call in Abuja on Saturday. The official said that the Federal Government’s Anchor Borrowers’ Programme (ABP) for an agricultural loan should be ...

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FG set to increase intellectual property right towards industrialisation

FG set to increase intellectual property right towards industrialisation

Federal Government on Tuesday said it was ready to increase intellectual property rights toward industrialisation of the nation. Dr Ogbonnaya Onu, the Minister of Science and Technology, made the assertion when he addressed journalists at a world press conference on the forthcoming Science, Technology and Innovation Expo scheduled to hold from March 5 to March 9. According to him, the ...

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NLNG, FG and JBN sign N120 billion Bonny Island–Bodo road project pact

Bonny Island–Bodo road

“The construction of Bonny Island–Bodo road in Rivers State came closer to actualisation today as Nigeria LNG Limited (NLNG) signed a tripartite agreement in Abuja with the Federal Government, represented by the Ministry of Power, Works and Housing, and Julius Berger Nigeria Limited to part-fund the construction of the N120.6 billion road connecting communities in the state. The event was ...

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Federal Government transfers ownership of Presidential Lodge, Marina to Lagos State

Presidential Lodge, Marina

“The Federal Government today, officially handed over the ownership of the sprawling Presidential Lodge, Marina, to Lagos State Government. Alhaji Jalal Arabi, Permanent Secretary, State House, Abuja, led the federal government’s delegation, while the Secretary to the State Government, SSG, Mr.Tunji Bello, led the state’s delegation to the signing of document ceremony at the Lodge, Victoria Island.”- Vanguard Other personalities ...

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FG begins repair of Benin-Ekpoma-Okene Road

Benin-Ekpoma-Okene Road

According to PM News, the Federal Government has begun limited repair of the Benin-Ekpoma- Okene Road and will carry out full rehabilitation of the failed portions of the road after the rainy season. Sen. Clifford Odia, Vice Chairman, Senate Committee on Works, made the disclosure on Tuesday in Benin when he led members of the committee on a courtesy visit ...

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CBN picks eight microfinance banks for FG’s ‘my own home’ scheme

Mortgage Credit Rating

“Brighter days may lie around in the corner for prospective homeowners, following plans to introduce a public private partnership initiative that seeks to increase access to housing finance in Nigeria through mortgage guarantee insurance and microfinance scheme.”- All Africa The scheme, ‘My Own Home’ comes as an offshoot of the Nigeria Housing Finance Programme (NHFP) set up by the Federal ...

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Ex-MD drags FG to court over coal corporation property

How Ex-Naval Chief, used family company to acquire N600m property

According to Daily Post, a former Managing Director of the Nigeria Coal Corporation, NCC, Sir Evarist Ibe has nursed fears over plans to eject him from his residence. He has therefore, dragged four agencies of the Federal government with its consultant, C.A Chizea & Co to the National Industrial Court Enugu division, for government’s inability to include him in the ...

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Federal Government set to provide affordable housing in Nasarawa

Housing units in nassarawa

The Federal Government is committed to providing affordable housing to cover up for housing deficit in the nation.  According to Channels Television, the Minister of State for Power, Works and Housing Mustapha Baba Shehuri stated this while commissioning 205 housing units at Karu in Nasarawa state which was financed by the Federal Mortgage Bank (FMB) through the National Housing Fund. ...

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FG inaugurates committee on BoA restructuring, recapitalisation

FG inaugurates committee on BoA restructuring, recapitalisation

The Federal Government has inaugurated a 21-man steering committee for restructuring and recapitalisation of the Bank of Agriculture, BoA, in line with the diversification policy of the Muhammadu Buhari-led administration. Vanguard reports that the steering committee which was inaugurated by the Vice President, Prof. Yemi Osinbajo, and Chairman of National Council on Privatisation, NCP, include Minister of Agriculture and Rural ...

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